A proposal to convert the Regal Cinemas on Lincoln Road into an immersive art museum is scheduled to go before the Miami Beach Planning Board on July 1. Superhuman Museum LLC, affiliated with North Miami Beach entrepreneur and media personality Steve Berke, has submitted an application to open the Superhuman Immersive Modern Art Museum at 1100 Lincoln Road. The plan calls for repurposing the 78,000-square-foot, three-story theater into an interactive venue featuring modern art exhibits, food and beverage counters, and[...]
Read MoreIn Brickell, the first tower at The River District has reached level 30 of construction, according to contractor G.T. McDonald Enterprise. Developer Chetrit Group has said that The River District will “create a riverwalk experience for the first time in the city.” The apartment tower now under construction is planned to top off at 54 stories, or 648 feet above ground. Eventually, a total of four towers are planned at the complex. Two will be rental buildings, with the other two[...]
Read MoreRuger Holdings KG plans to convert an apartment building near the Miami Beach Convention Center into a hotel, The Real Deal has learned. On Monday, the Miami Beach Preservation Board will consider Cologne, Germany-based Ruger’s proposal to renovate and partially demolish Riviera Plaza, a Mediterranean Revival building at 337 20th Street. Completed in 1926, the three-story structure has 56 one- and two-bedroom apartments, records show. Ruger, led by CEO René Gerdom, wants to add two floors, as well as a rooftop pool[...]
Read MoreA developer plans to construct a midrise mixed-use apartment building with accessory artist space and co-working space in Miami's Little River area. Owner-developer Little River An District 7501 LLC presented its plans for Noli 75, prepared by Studio McG Architecture, to the city's Urban Development Review Board. The board recommended approval with conditions. The multi-family building is 10 stories and will bring 169 units to the property, comprised of 68 one-bedroom and 87 two-bedroom apartments and 14 three-bedroom aparunents. Along[...]
Read MoreJeffrey Soffer, who co-owns the Story nightclub with hospitality impresario David Grutman, bought the venue’s South Beach building for $23 million. Soffer’s Fontainebleau Development bought the 17,000-square-foot property at 124-136 Collins Avenue in Miami Beach from an entity managed by Patricia Kaine, according to records and real estate database Vizzda. The buyer financed the deal with a $15.2 million loan that lists Motcomb Estates, the Reuben brothers’ United Kingdom-based investment vehicle, as the lender and the mortgage’s administrative agent. The two-story[...]
Read MoreOak Capital’s Ricardo Dunin and Peruvian firm Edifica plan a condo-hotel development in Brickell, with a second site nearby under contract and more planned. North Development, a joint venture between Dunin and Edifica, is launching sales of Domus Brickell Park, a 12-story, 171-unit condo-hotel planned for 1611 Southwest Second Avenue, Dunin said. It would take about two years to build and could be completed in late 2025. Units will range from studios to two-bedroom units, and from 330 square feet[...]
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